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A concrete update for me would be value of the non binding offers we were supposed to of received as RNSed by the company.
FSP now finished and we are now pursuing strategic options, tell us what these offers were.
Has been my argument for a few weeks now. Confidence in the board is being eroded by lack of any substantial news. This will be back in single figures before we know it unless the board actually give us some concrete updates of some value.
Huge uncertainty. That's why this is in free fall. Jam tomorrow from the BOD is starting to wear thin. They say they want best return for investers but have shown scant regard to them the last few months.
Been in EUA for 2 years so showing a very healthy profit, but, totally agree with above sentiments. Totally fed up with the "read between the lines" RNS's. I, we, need clarity where we are going. Board been talking deal for 2 years now, yet here we are, none the wiser if a deal is happening. We've had a 6 month suspension, only coming back at the last minute, a hint at a dividend, FSP started (and ended), with no deal. Supposed non binding offers, that we've never had values passed onto us, and a supposed interested party at the moment. Again BOD have told us nothing.
Communication has been worse than woeful.
It's time we knew where we are, so we can all decide what we want to do. Leaving us hanging is the same as suspending the share. We knew nothing then, and we know nothing now.
Time to treat the shareholders with some respect.
I unfortunately learned the hard way with GUN.... Never listened to the warnings, thought I knew better.... Got hung up on the potential of Block 1101 with Oyster Oil.... Turned into a dud, same rampers on twitter who ramped then are ramping now.... After they consolidated that was the end for me. RUN
Totally agree..... Not selling a single share, but these vague, read between the lines RNS's need to stop. We need to have concrete time frames and an idea to where we are with the sale/divi payment. After the 6 month suspension and now a year after the FSP process began, private investors deserve some clarity.
I sold out long ago but pop back every now and then to see how this dead duck is doing. Lost a few thousand on this share after the debacle that was Oyster Oil and the block 1101 lure.
I never listened to the warnings then, but it's a lesson I've already learnt and have thankfully recouped all my losses from this dog.
You've been warned.
Totally agree. Communication from the board has been atrocious. We need a full disclosure where we are regarding a sale and expected time lines. Had enough of the hints, and reading between the lines RNS's. We want and need facts.